Shein has filed two motions against Temu's operator and parent company-Whaleco ... But Shein won't go down without a fight. Last week, it filed, in tandem with its oppositional motion against ...
Online portals like Temu and Shein — never mind old standbys like Walmart and Costco — have eaten into record sales.
“Unless China’s government announces effective measures to fight back, it would be devastating to online platforms like Temu and Shein, as well as small factories,” said Andy Guo, an online ...
Forever 21 blamed its second bankruptcy on rising competition from upstarts like Shein and Temu and their use of the de ...
Forever 21 says it can't compete with e-commerce companies that send small packages without paying tariffs via the "de ...
Thomas Lange, director of the fashion association GermanFashion, commented that the current situation is worrying for the ...
Fast fashion titan Shein has confirmed its plans to float on ... quarter as it faced growing competition from Chinese rival Temu. The rival company initially aimed for a 2024 IPO in New York ...
Forever 21 filed for bankruptcy protection for the second time in six years on Sunday and blamed fast-fashion e-tailers Shein and Temu for its demise. The retailer's operating company is ...
The company has increased spending on marketing and logistics as it competes with Temu for market share. Shein has been approached for comment.